A licensee in Georgia is assisting with the sale of a home built in 1972. Regarding lead-based paint disclosure requirements in this transaction, which of the following statements is correct?
Correct Answer
B) Real estate agents must ensure the federally required lead-based paint disclosure form is completed, as this obligation arises from federal law rather than a Georgia-specific statute.
The Residential Lead-Based Paint Hazard Reduction Act (Title X) and implementing EPA/HUD regulations (24 CFR Part 35, 40 CFR Part 745) impose federal disclosure requirements on sellers, landlords, and their agents in transactions involving pre-1978 housing. Real estate agents have an independent federal obligation to ensure the disclosure form is properly completed. Georgia does not have a separate state-level lead-based paint disclosure statute; the requirement applied in Georgia transactions is federal in origin.
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Related Topics & Key Terms
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Related Concepts
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